Registered Number 08656588
AGHEDA INVESTMENTS LIMITED
Abbreviated Accounts
30 August 2016
Notes | 2016 | 2015 | |
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£ | £ | ||
Fixed assets | |||
Tangible assets | 2 |
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Current assets | |||
Debtors |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year | 3 |
( |
( |
Net current assets (liabilities) |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year | 3 |
( |
( |
Total net assets (liabilities) |
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( |
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Capital and reserves | |||
Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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( |
Approved by the Board on
And signed on their behalf by:
1 Accounting Policies
Basis of measurement and preparation of accounts
Turnover policy
Other accounting policies
No depreciation is provided for in respect of investment properties in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015). Such properties are held for their investment potential and not for consumption within the business. This is a departure from the Companies Act 2006 which requires all properties to be depreciated and the directors consider that to depreciate them would not enable the financial statements to give a true and fair view. Investment properties are stated at their market value at the balance sheet date.
Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.
£ | |
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Cost | |
At 31 August 2015 |
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Additions |
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Disposals |
( |
Revaluations |
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Transfers |
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At 30 August 2016 |
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Depreciation | |
At 31 August 2015 |
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Charge for the year |
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On disposals |
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At 30 August 2016 |
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Net book values | |
At 30 August 2016 | 651,037 |
At 30 August 2015 | 729,705 |
2016
£ |
2015
£ |
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Secured Debts |
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Instalment debts due after 5 years |
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